Social Security isn't Ponzi scheme, our money is just misappropriated

To the editor,

Our good letter writer Tony Boutin had a letter published December 21 which, to me, indicates he got totally misinformed by government liars! Social Security and Medicare have NEVER been an "entitlement" program, but have always been 100-percent funded by those who benefit from them.

The #1 problem is that the THIEVES in government (starting with Obama) STEAL from those funds to pay for pork , gifts to unions, and bailouts to banks, THEN LIE and say the programs are underfunded! As if that was not bad enough, the Feds steal from all of us by printing more money, which they spend as if earned! All that does is devalue all of our money, one of the ancient most common way of stealing until they destroy the country! We see it as ever increasing prices, required for business to survive. The 15 cent loaf of bread, when I started paying into Social Security now costs $1.50. The $11,500 I get from Social Security now represents $1,150 paid in! It is a lousy investment!

Medicare would be similar, except we have the government giving away more to doctors and hospitals than we ever would have if we were in control. Doctors charge two or three times for the same thing, and hospitals add a totally unrelated charge, and Medicare pays it! Sure Medicare reduces most charges, but docs and hospitals just keep increasing the charges. The supply of doctors is decreasing because they can retire early on the excess millions they've saved!

There is no way you can call that a Ponzi scheme. It is just misappropriation of our invested money. At 79 now, there is no way I'll live long enough to get even one-half of what I paid in back! So how am I living on "entitlements" from others?

Jack Stephenson

Gilford